Bluestone Resources Stock Performance
| BBSRF Stock | USD 0.22 0.01 4.76% |
On a scale of 0 to 100, Bluestone Resources holds a performance score of 4. The firm shows a Beta (market volatility) of -1.59, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bluestone Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Bluestone Resources is expected to outperform it. Please check Bluestone Resources' maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Bluestone Resources' price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Bluestone Resources are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Bluestone Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 49.3 M | |
| Total Cashflows From Investing Activities | -13.1 M |
Bluestone |
Bluestone Resources Relative Risk vs. Return Landscape
If you would invest 20.00 in Bluestone Resources on August 26, 2024 and sell it today you would earn a total of 2.00 from holding Bluestone Resources or generate 10.0% return on investment over 90 days. Bluestone Resources is currently producing 0.2949% returns and takes up 5.5199% volatility of returns over 90 trading days. Put another way, 49% of traded otc stocks are less volatile than Bluestone, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Bluestone Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bluestone Resources' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Bluestone Resources, and traders can use it to determine the average amount a Bluestone Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0534
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Estimated Market Risk
| 5.52 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Bluestone Resources is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bluestone Resources by adding it to a well-diversified portfolio.
Bluestone Resources Fundamentals Growth
Bluestone OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Bluestone Resources, and Bluestone Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bluestone OTC Stock performance.
| Return On Equity | -0.55 | |||
| Return On Asset | -0.24 | |||
| Current Valuation | 49.47 M | |||
| Shares Outstanding | 151.2 M | |||
| Price To Book | 1.36 X | |||
| EBITDA | (29.2 M) | |||
| Cash And Equivalents | 3.06 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 1000 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.24 X | |||
| Cash Flow From Operations | (27 M) | |||
| Earnings Per Share | (0.19) X | |||
| Total Asset | 73.08 M | |||
About Bluestone Resources Performance
By analyzing Bluestone Resources' fundamental ratios, stakeholders can gain valuable insights into Bluestone Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bluestone Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bluestone Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Bluestone Resources Inc. engages in the exploration and development of mineral properties. Bluestone Resources Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada. Bluestone Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Bluestone Resources performance evaluation
Checking the ongoing alerts about Bluestone Resources for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Bluestone Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bluestone Resources had very high historical volatility over the last 90 days | |
| Bluestone Resources has some characteristics of a very speculative penny stock | |
| Bluestone Resources has accumulated 1000 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Bluestone Resources has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Bluestone Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Bluestone Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Bluestone Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bluestone to invest in growth at high rates of return. When we think about Bluestone Resources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (29.22 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Bluestone Resources has accumulated about 3.06 M in cash with (27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 26.0% of Bluestone Resources shares are held by company insiders |
- Analyzing Bluestone Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bluestone Resources' stock is overvalued or undervalued compared to its peers.
- Examining Bluestone Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bluestone Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bluestone Resources' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Bluestone Resources' otc stock. These opinions can provide insight into Bluestone Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Bluestone OTC Stock analysis
When running Bluestone Resources' price analysis, check to measure Bluestone Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bluestone Resources is operating at the current time. Most of Bluestone Resources' value examination focuses on studying past and present price action to predict the probability of Bluestone Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluestone Resources' price. Additionally, you may evaluate how the addition of Bluestone Resources to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |